Senator Profited More Than $164,000 From Well-Timed Trades: Document

Sen. Richard Burr (R-N.C.) speaks during a Senate Health, Education, Labor and Pensions Committee hearing on the federal coronavirus response on Capitol Hill in Washington, on March 18, 2021. Susan Walsh/Pool/Getty Images

Sen. Richard Burr (R-N.C.) made more than $164,000 from well-timed trades that were executed after receiving briefings on COVID-19 before the pandemic was declared, according to a newly unsealed document.

Shares held by Burr’s wife Brooke in insurance and telecommunications companies were sold on Jan. 30, 2020, just hours before the White House announced that the United States was banning travelers from China due to COVID-19, the document says.